NOT LISTED FOR SALE

1037 Montvale Ridge Dr Cary, NC 27519

Weldon Ridge Neighborhood

Estimated Value: $2,021,000 - $2,539,000

5 Beds
6 Baths
4,477 Sq Ft
$523/Sq Ft Est. Value

About This Home

This home is located at 1037 Montvale Ridge Dr, Cary, NC 27519 and is currently estimated at $2,342,070, approximately $523 per square foot. 1037 Montvale Ridge Dr is a home located in Wake County with nearby schools including White Oak Elementary School, Mills Park Middle School, and Green Level High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2019
Sold by
Upright Builders Inc
Bought by
Somepalli Ravikumar and Meka Nandana
Current Estimated Value
$2,342,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$847,920
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2017
Sold by
Montivale Partners Llc A North Carolina
Bought by
Upright Builders Inc A North Carolina Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Somepalli Ravikumar $1,060,000 None Available
Upright Builders Inc A North Carolina Co $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somepalli Ravikumar $1,660,000
Closed Somepalli Ravikumar $847,920
Previous Owner Upright Builders Inc $650,000
Previous Owner Upright Builders Inc A North Carolina Co $650,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $20,131 $2,398,491 $350,000 $2,048,491
2023 $11,045 $1,100,319 $260,000 $840,319
2022 $10,030 $1,037,819 $260,000 $777,819
2021 $9,827 $1,037,819 $260,000 $777,819
2020 $9,879 $1,037,819 $260,000 $777,819
2019 $9,332 $869,755 $220,000 $649,755
2018 $2,210 $220,000 $220,000 $0
Source: Public Records

Map

North Carolina Wake County Cary 27519 Weldon Ridge

1037 Montvale Ridge Dr, Cary, NC

This home is located at 1037 Montvale Ridge Dr, Cary, NC 27519 and is currently estimated at $2,342,070, approximately $523 per square foot. 1037 Montvale Ridge Dr is a home located in Wake County with nearby schools including White Oak Elementary School, Mills Park Middle School, and Green Level High School.

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